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Fraunhofer Achieves 47%-Efficient Four-Junction Solar Cell: Week in Brief: 06/03/22

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LANNION, France, June 3, 2022 — Laser technology company Lumibird inked two acquisition agreements, one to acquire the Saab Group’s defense laser rangefinder business, and one to acquire Areva’s 37% stake in optics and laser company CILAS, a developer of laser weapons. Both acquisitions serve to strengthen Lumibird’s position in the European defense markets. Lumibird has served as a key component supplier for Saab for more than 15 years. Lumibird additionally formed a subsidiary in India, Lumibird Medical India. The new company aims to boost sales of Quantel Medical and Ellex products in India with a...Read full article

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    Published: June 2022
    Glossary
    photovoltaic
    Photovoltaic (PV) refers to a technology that converts sunlight directly into electricity using semiconductors. The term "photovoltaic" is derived from the words "photo," meaning light, and "voltaic," referring to electricity, named after Alessandro Volta, a pioneer in the field of electricity. Key points about photovoltaic technology: Photovoltaic cells: The basic building block of photovoltaic technology is the photovoltaic cell, also known as a solar cell. These cells are made of...
    quantum
    The term quantum refers to the fundamental unit or discrete amount of a physical quantity involved in interactions at the atomic and subatomic scales. It originates from quantum theory, a branch of physics that emerged in the early 20th century to explain phenomena observed on very small scales, where classical physics fails to provide accurate explanations. In the context of quantum theory, several key concepts are associated with the term quantum: Quantum mechanics: This is the branch of...
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